Crowds of pedestrians and shoppers walk along Weinstrasse toward Marienplatz in Munich, Germany, on March 14, 2026. Michael Nguyen | Nurphoto | Getty Images European government bonds continued to sell off on Friday, building on a rout that has seen multiple countries’ borrowing costs hit multi-decade highs in recent weeks. Thursday saw the yield on…
A picture shows a view of the skyline in Dubai on September 12, 2024. Giuseppe Cacace | Afp | Getty Images Markets across the Gulf region have diverged sharply since the Middle East conflict began, as investors traverse big swings in energy prices and markets remain rattled by geopolitical turmoil. Saudi Arabia and Oman have…
BYD new energy vehicles awaiting shipment for export in Yantai Port, Shandong, China on March 26, 2026. CFOTO | Future Publishing | Getty Images Chinese automaker BYD said Friday its annual sales rose to a record $116 billion, outpacing Tesla’s, but its profit fell for the first time since 2021 under pressure from cutthroat competition. BYD, the largest…
A tablet screen displays a portrait of Jeffrey Epstein beside the U.S. Department of Justice website page titled Epstein Library, Feb. 11, 2026. Veronique Tournier | Afp | Getty Images A victim of notorious sex predator Jeffrey Epstein filed a class action lawsuit on behalf of herself and other survivors against the Trump administration and…
Tunyada Kongkapan | E+ | Getty Images A growing number of filers are facing tax refund delays amid a government-wide phaseout of paper checks. House Ways and Means Committee Democrats this week sent another letter to Treasury Secretary Scott Bessent, with “additional concerns” about roughly 1.4 million IRS notices sent to filers about refund delays…
A view of a Sephora beauty product store on May 30, 2025 in Sherman Oaks, California. Justin Sullivan | Getty Images Italian regulators are looking to clamp down on the tween skincare obsession and are investigating the LVMH-owned cosmetic brands Sephora and Benefit over an “insidious” marketing campaign to children. The Italian Competition Authority (AGCM)…
The main ingredient in sustainable aviation fuel (SAF) is used cooking oil — and the world is running out of it. As governments push ahead with mandates to drive down carbon emissions, limited supply and higher demand are pushing prices two to five times higher than convention jet fuel. From Europe’s legally binding blending mandates…
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Helium has emerged as a key focus for the tech sector as industry watchers cast their minds to the implications of a prolonged Iran war. A byproduct of natural gas production, helium is crucial to semiconductor manufacturing and…
AstraZeneca‘s stock jumped as much as 4% after Britain’s most valuable company said its experimental lung disease medicine met its target in two late-stage clinical trials. The respiratory treatment Tozorakimab, reduced flare-ups of chronic obstructive pulmonary disease in both former smokers and in the overall population versus placebo, the company said. “This marks a notable…
A sign of Swiss pharmaceutical giant Novartis is seen on the top of a building at Novartis Campus in Basel, northern Switzerland, on Sept. 9, 2025. Fabrice Coffrini | AFP | Getty Images Novartis is planning to buy U.S.-based biotech Excellergy for up to $2 billion, betting on a next-generation allergy treatment that may prove…
